Answer:$6451.6 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.2%. So
r = 7.2/100 = 0.072
It was compounded for 3 years. So
t = 3
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. A is given as $8000 Therefore,
8000 = P (1+0.072/12)^12×3
8000 = P(1+0.006)^36
8000 = P(1.006)^36
P = 8000/1.24
P = $6451.6
<h2>
Answer:</h2>
The solution for x in this equation is <em>18</em>.<em> </em>
Answer:
<h3>y + 2 = 3/7(x-7)</h3>
Step-by-step explanation:
The point-slope form of the equation will be expressed as;
y - y0 = m(x-x0) where;
m is the slope
(x0, y0) is the point on the line
Given
Slope m = 3/7
Point (x0, y0) = (7, -2)
Substitute into the equation;
y - y0 = m(x-x0)
y - (-2) = 3/7 (x - 7)
<em>y + 2 = 3/7(x-7)</em>
<em>Hence the equation in point-slope form is y + 2 = 3/7(x-7)</em>
Answer:
2
The y intercept is the point at which a line crosses the y axis. In the graph the y axis is crossed at 0, 2 or just 2
Step-by-step explanation:
6 pints is bigger than 60 fluid ounces
<span>It is more than because 6 times 16 = 96. 96fl. oz.> 60fl. oz.</span>
